Alert: Negative Investment/Fundamental Signals (3/21/24)-JAKKS Pacific Inc (NASDAQ: JAKK)

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Recent extremely meaningful negative changes in investment behavior have impacted JAKKS Pacific Inc (NASDAQ: JAKK): the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.

JAKKS Pacific Inc (NASDAQ: JAKK) has recently experienced meaningful negative changes in fundamentals. Negative developments: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, JAKK is expected to continue to be a major Value Builder.

JAKKS Pacific has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. JAKKS Pacific has a slightly positive Appreciation Score of 67 and a very high Power Rating of 90, triggering the Highest Value Trend Rating.

Recent Price Action

JAKKS Pacific Inc (NASDAQ: JAKK) stock closed at $24.09 on 3/21/24 after a slight decline of -0.2%. NORMAL trading volume accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -4.1% during the last week.

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